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Amazon is taking on the giant Netflix by offering a stand alone streaming service. Amazon will offer the streaming service for $8.99 a month. This all comes on the heels of Netflix announcing it would begin charging $9.99 in May.

NYSE shuts down because of technical problems. At White House press briefing Josh Ernest White House Speaker said, “There is no malicious intent.” The exchange will continue trading at 3:10 PM Eastern time.

Facebook’s strong mobile advertising business helped the social network report positive results for the fourth quarter of 2014. Revenue was up 49% to $3.85 billion, as the company’s profit grew by 34% to $701 million. Facebook started selling mobile ads in 2012. In each of the past seven quarters, mobile ads accounted for more then… Continue Reading